Logo

LVO

LiveOne, Inc.

LVO

LiveOne, Inc. • NASDAQ
$4.70 ▲ 3.75% (+0.17)
Market Cap $54.18 M
52w High $16.00
52w Low $3.92
Dividend Yield 0%
P/E -1.77
Volume 28.05K
Outstanding Shares 11.53M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $18.762M ▼ $7.018M ▲ $-5.573M ▼ -29.704% ▼ $-0.52 ▼ $-3.065M ▼
Q1-2026 $19.207M ▼ $6.416M ▼ $-3.593M ▲ -18.707% ▲ $-0.42 ▲ $-2.888M ▲
Q4-2025 $19.288M ▼ $16.702M ▲ $-10.447M ▼ -54.163% ▼ $-0.836 ▼ $-9.236M ▼
Q3-2025 $29.445M ▼ $12.266M ▲ $-5.233M ▼ -17.772% ▼ $-0.59 ▼ $-3.878M ▼
Q2-2025 $32.594M $8.934M $-1.859M -5.704% $-0.238 $-166K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $11.724M ▼ $53.82M ▲ $61.829M ▲ $-16.285M ▲
Q1-2026 $11.891M ▲ $48.94M ▲ $61.032M ▲ $-20.842M ▼
Q4-2025 $4.119M ▼ $40.517M ▼ $48.929M ▼ $-17.775M ▼
Q3-2025 $10.854M ▼ $56.216M ▼ $55.086M ▼ $-8.442M ▼
Q2-2025 $11.053M $67.207M $61.359M $-4.658M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $-5.705M ▼ $-3.207M ▼ $-5.824M ▼ $8.864M ▼ $-167K ▼ $-9.031M ▼
Q1-2026 $-3.864M ▲ $-3.047M ▲ $-1.02M ▼ $11.839M ▲ $7.772M ▲ $-4.067M ▲
Q4-2025 $-10.857M ▼ $-4.27M ▼ $-995K ▼ $-1.47M ▲ $-6.735M ▼ $-5.265M ▼
Q3-2025 $-5.638M ▼ $3.524M ▼ $-803K ▼ $-2.92M ▼ $-199K ▼ $2.721M ▼
Q2-2025 $-2.706M $5.772M $-589K $-420K $4.763M $5.183M

Revenue by Products

Product Q2-2025Q3-2025Q4-2025Q1-2026
Advertising
Advertising
 $10.00M ▲$10.00M ▲$10.00M ▲$20.00M ▲
Membership Services
Membership Services
 $20.00M ▲$10.00M ▼$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement LiveOne’s revenue base is still quite small and has moved sideways over the past few years rather than showing strong, consistent growth. The good news is that gross profit has been relatively steady and operating performance has hovered close to break-even at times, which suggests the cost structure is more under control than it used to be. However, the company is still losing money at the bottom line. Losses are much smaller than a few years ago, but the latest year shows a slight step back rather than clear, sustained profitability. Overall, this is a business that is edging toward break-even but has not yet proven it can earn dependable profits.

Balance Sheet

Balance Sheet The balance sheet is thin and shows the scars of past losses. Total assets have gradually drifted down, cash is modest, and shareholder equity has turned negative, which means accumulated losses now exceed the capital invested in the business. On the positive side, debt has been reduced to very low levels, lowering pressure from lenders. Still, the combination of a light asset base, limited cash, and negative equity points to a fragile financial position with limited room for error or large new investments without outside funding.

Cash Flow

Cash Flow Cash flow tells a slightly more encouraging story than the income statement. Day‑to‑day operations have recently begun to generate a small positive cash inflow after several years of cash burn. Free cash flow is roughly around break-even, helped by very low spending on physical assets. This suggests the business model is getting closer to self-funding. At the same time, the margin for error is thin: any setback in revenue or cost control could quickly push cash flow back into negative territory, especially given the light cash cushion on the balance sheet.

Competitive Edge

Competitive Edge LiveOne operates in a brutally competitive entertainment and audio-streaming landscape dominated by much larger players. Its edge comes from being more focused and specialized rather than trying to be a general-purpose streaming giant. Key advantages include the embedded Slacker Radio presence in Tesla vehicles, a growing shift toward business‑to‑business partnerships that can tap large customer bases through bigger brands, and a diversified platform spanning music, podcasts, and live events. Curated, human‑guided audio and a “creator‑first” podcast ecosystem further differentiate it. The flip side is meaningful dependence on partners for distribution and growth, and the constant risk that deep‑pocketed competitors could copy or overwhelm its niche offerings.

Innovation and R&D

Innovation and R&D Innovation is a clear emphasis for LiveOne. The company is leaning on AI‑driven marketing to find subscribers more efficiently, proprietary audio sequencing technology to personalize listening, and voice‑AI collaborations to create more interactive experiences. On top of that, it has launched higher‑touch podcast production services, is investing in live, made‑for‑streaming events like the planned “Reality Games,” and is exploring new regions such as Africa as well as Web3 opportunities for its content library. These initiatives create multiple potential growth paths and help differentiate the brand, but they also add execution risk and complexity for a company with limited financial resources, making focus and disciplined prioritization especially important.

Summary

Financially, LiveOne is a small, still‑unprofitable company that has made progress in narrowing its losses and nudging operating cash flow into positive territory, but it remains fragile with a thin balance sheet and negative equity. Strategically, it is trying to win not by outspending the biggest platforms, but by focusing on curated content, B2B distribution, and distinctive live and podcast experiences, backed by AI and voice‑driven technology. The company’s future will largely hinge on two things: its ability to convert its partnerships and innovations into steady, scalable revenue, and its success in strengthening its financial foundation so that it can pursue those opportunities without stretching its resources too far.

NEWS

November 12, 2025 · 8:00 AM UTC

LiveOne (Nasdaq: LVO) Reports $38M Six-Month Revenue and $36.6M Audio Division Revenue with Over $1.1M Adjusted EBITDA*

Read more

November 6, 2025 · 8:00 AM UTC

LiveOne (Nasdaq: LVO) to Announce Its Second Quarter Fiscal Year 2026 Financial Results and Host Investor Webcast on November 12, 2025, at 10:00 am Eastern Time (7:00 am Pacific Time)

Read more

November 3, 2025 · 8:30 AM UTC

LiveOne (Nasdaq: LVO) Accelerates Revenue Growth with Intuizi AI, Driving Tesla Subscriber Conversions

Read more

October 20, 2025 · 7:00 AM UTC

LiveOne (Nasdaq: LVO) to Launch Subsidiary LiveOneAfrica in Partnership with Virtuosity Music Group

Read more

October 14, 2025 · 9:46 AM UTC

LiveOne (Nasdaq: LVO) Regains Compliance with Nasdaq Listing Requirements

Read more